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Dover Garden Suites 540 Martin Luther King Jr Blvd 9 Room Hotel Dover, DE 19901 $1,200,000 ($133,333/Room)
Investment Highlights
- Hotel For Sale in Downtown Dover.
- Fully Sprinklered.
- Great Visibility.
- 9 Hotel Rooms and 1 Owners Suite.
- Pylon Signage.
Executive Summary
• Dover Garden Suites For Sale - $1.3M
• Property consists of 2 buildings, 6,400 sf on 1.11 acres
• 9 hotel rooms and 1 Owner’s Suite
• Gated Courtyard allows for greater privacy
• High Traffic Location – S. Dupont Hwy sees over 30,000 +/- VPD
• Nearby retailers include; Royal Farms, Target, Safeway, Dollar General,
and Wawa
• Fully Sprinklered
• Zoned: C4, allows for a variety of retail, office and medical uses
• High Population area with almost 25,000 +/- people within 2 miles
• Property consists of 2 buildings, 6,400 sf on 1.11 acres
• 9 hotel rooms and 1 Owner’s Suite
• Gated Courtyard allows for greater privacy
• High Traffic Location – S. Dupont Hwy sees over 30,000 +/- VPD
• Nearby retailers include; Royal Farms, Target, Safeway, Dollar General,
and Wawa
• Fully Sprinklered
• Zoned: C4, allows for a variety of retail, office and medical uses
• High Population area with almost 25,000 +/- people within 2 miles
Property Facts
| Price | $1,200,000 | Building Size | 7,976 SF |
| Price Per Room | $133,333 | No. Rooms | 9 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1959/2013 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.67/1,000 SF |
| Lot Size | 1.11 AC | Corridor | Interior |
| Zoning | C4 - Hotel | ||
| Price | $1,200,000 |
| Price Per Room | $133,333 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.11 AC |
| Building Size | 7,976 SF |
| No. Rooms | 9 |
| No. Stories | 1 |
| Year Built/Renovated | 1959/2013 |
| Tenancy | Single |
| Parking Ratio | 1.67/1,000 SF |
| Corridor | Interior |
| Zoning | C4 - Hotel |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 9 | $201.00 | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2-05-07710-01-4900-000 | Improvements Assessment | $767,000 |
| Land Assessment | $516,700 | Total Assessment | $1,283,700 |
Property Taxes
Parcel Number
2-05-07710-01-4900-000
Land Assessment
$516,700
Improvements Assessment
$767,000
Total Assessment
$1,283,700
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Dover Garden Suites | 540 Martin Luther King Jr Blvd
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